Issue - meetings
Residential Acquisitions for Housing Need
Meeting: 08/09/2026 - Corporate Policy and Resources Committee (Item 11.)
11. Residential Acquisitions for Housing Need 
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The Committee is asked to:
1. Approve the acquisition of 4 leasehold properties, 1 freehold property and 1 property with a share of freehold, all located in the Borough as set out in Appendix 1,
2. Delegate authority to the Chief Finance Officer and Group Head of Assets, in consultation with the Chair and Vice Chair of the Corporate Policy and Resources Committee, to agree minor variations to the agreed terms; and
3. Delegate authority to the Group Head of Corporate Governance to enter all legal documentation relating to the acquisition referred to above.
Additional documents:
- Confidential Appendix 1 - Table of Proposed Residential Acquisitions , View reasons restricted (11./2)
- Confidential Appendix 2 Viability Assessment for LAHF Properties for CS , View reasons restricted (11./3)
- Confidential Appendix 3 Viability Assessment for Commuted Sum Properties for CS , View reasons restricted (11./4)
- Confidential Appendix 4 - Nightly-Paid Accommodation Costs , View reasons restricted (11./5)
Decision:
The Committee resolved to:
1. Approve the acquisition of 4 leasehold properties, 1 freehold property and 1 property with a share of freehold, all located in the Borough as set out in Appendix 1,
2. Delegate authority to the Chief Finance Officer and Group Head of Assets, in with the Chair and Vice-Chair of the Corporate Policy and Resources Committee, to agree minor variations to the agreed terms; and
3. Delegate authority to the Group Head of Governance to enter all relevant documentation relating to the acquisition referred to above.